ER Urgent Care Centers Announces the Release of Its 2006 Audited Financials With a 50% Increase in Revenues
Posted on: Wednesday, 25 April 2007, 18:00 CDT
ER Urgent Care Centers (PINKSHEETS: ERUC) is pleased to announce the release of its 2006 audited financial statement. ERUC has experienced significant increases in revenues from 2005. Revenues for 2005 were $1,404,230 and now in 2006 we have reached $2,300,007. The most important feature is that these numbers reflect only a small portion of the revenues generated by the two new centers purchased in the last quarter. The majority of that revenue came in during the first quarter. Assets also increased from $616,036 in 2005 to $1,698,340 in 2006. Jerry Miller, Founder and Director, stated: "This is a banner day for ERUC as we have continued to show growth in centers, revenues and assets with a 50% increase in revenues and over a million dollars added in assets. To view our audited financials please visit www.Pinksheets.com, under ERUC link financial reports. The company is positioning itself to move on to a reporting exchange." ERUC continues to demonstrate to both Wall Street and the Healthcare community its commitment to be the leader in the Urgent Care sector. Look forward to many new exiting events taking place in the next quarter for ERUC.
About ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide""Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
For more information visit our Web site at www.erucc.net or sign up for the corporate newsletter at http://www.erucc.net
Or visit our locations at:
700 Ives Dairy Rd. 1601 Meadowlark Lane North Miami Beach, FL 33179 Kansas City, KS 66102 213 North Federal Highway 7208 Sterling Ave. Hallandale Beach, FL 33009 Tampa, FL 33614 15463 SW 137th Ave. Doctors Family Medical Kendal, FL 33177 5535 Memorial Highway Tampa, FL 33634 Doctors Family Medical 2370 International Blvd. Deland FL 32724 Doctors Family Medical 431 SW Blvd. North 18648 NW 67th Ave. St. Petersburg, FL 33703 Miami Lakes, FL 33177 ER Urgent Care Center Tampa ER Urgent Care Center St.Pete 5535 Memorial Highway #101 431 SW Blvd. North Suite A Tampa, FL 33634 St. Petersburg, FL 33703
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Health Care, Beech Street, Dimension Health, Assist Card, Cigna, Corvel, Health Insurance Plans and many more.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan,""expect,""believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
For franchising and corporate information please contact us toll free at 1-877-303-3500
Contact Information: ER Urgent Care Centers 1-877-303-3500
SOURCE: ER Urgent Care Centers
Source: MARKET WIRE
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